Such a fucking nothingburger. Are these the fees people are complaining about? I tested it out and it was less than 5 dollars.

CLL is charging less than a whole dollar for this shit.

>>60563378 (OP)
Literally nobody uses this shit lmao

6% on a dogshit memecoin? Wonder why you didn’t use a real crypto?

>>60563386
Idk you can look online right now and post a different one. Thats just the first thing i tested it on. Lemme try mana

>>60563391
SOL is the same. Network fee of 2 dollars.

Here is xswap for AVAX > ETH

CCIP FEE : 3.18 doll hairs

>>60563398
>Doll hairs
How's the weather in India, ranjesh?

So these fuddies are complaining about a 3 dollar CCIP fee....

3 whole doll hairs. Wow. Baggies are really BTFO'd huh guys

>>60563399
3.... WHOLE.... FUCKING... DOLL HAIRS

IS THIS WHAT THE FUD IS ALL ABOUT? POCKET CHANGE?

>>60563378 (OP)
Need a comparison

>>60563448
If you go on swapper.finance, the network fees applies to CCIP transfers. Thats why every image shows network fees as a few dollars (not hundreds).

If you go on xswap.link they have a direct swap interface where you can convert between erc20 and non erc20 tokens. Im at the gym but ill compare it and report back

>>60563459
BNB CHAIN > AVAX

CCIP FEE is 3 DOLLARS

>>60563459
It's about the same. ~2% fees and 1.5% in slippage, so you could lose up to 3.5%
Not bad but not great, basically same as CEX fees

>>60563479
Its not the best but the fee fud was wildly overblown

>>60563378 (OP)
>>60563398
>>60563466
So what does this mean, the Chainlink portion of the fees is low and the rest is Swapper?

What happens with the crypto you buy on this service? Is it kept in a custodian wallet on the app? Do you feed it an address to send your funds to?

>>60563533
Yes. CCIP only applies to network fees. On ramp (mastercard) and platform (swapper) are their own entities.
>>60563608
Its based off uniswap, you are the custodian when you use the platform

>>60563638
So i can easily just open this app, use my mastercard to buy crypto, it happens on chain immediately and deposits it into an address i control on the app, and i can just immediately send those freshly bought funds to my own cold storage wallet?

>>60563378 (OP)
I hold link but 6% fees in fiat to crypto is extremely high

>>60563690
Yes, yes, yes, yes, and yes. It happens completely on chain. This is what the future is supposed to project into. You can easily buy crypto directly without relying on a cex albeit it requires KYC. Its not a proof of concept because its in full production.

If visa and chainlink announce a partnership. Thats a wrap which is very likely due to them testing on CCIP in hong kong

https://www.visa.com.sg/content/dam/VCOM/regional/ap/singapore/global-elements/documents/interim-report-e-hkd-pilot-programme-phase-2.pdf

Youll also notice that fuddies are completely silent on their usual TNN when clearly the CCIP fee is listed in the swap

>>60563378 (OP)
Isn’t it the fees to buy direct from your Mastercard debit card that people were complaining about and not normal swaps?

>>60563747
The network fee is what CCIP charges.

The onramp fee is your payment provider

The platform fee is wherever the swap is hosted on

>>60563378 (OP)
those fees arent accurate or they're not showing the whole thing
you're still getting fucked
insane how amateur hour this release has been

>>60563751
At the height of the last bullrun when i was mining ethereum i remember fees to withdraw from the pool being literally 20 to 60 dollars per transaction. This is a massive improvement

Even then if credit card companies charge 3.5% on transactions regardless. The CCIP is pretty negligible. Thats why if you try to buy 5000 dollars worth at once the on ramp fee will be 175 dollars.

Including the fact that youre also paying the platform a percentage... youre saying the fees CCIP charges are too high?

>>60563398
What's the difference between using transporter.io and xswap?

>>60563801
You tease with the breadcrumbs

The fees are high case closed.
Delete this fuckint thread, moron.

Wait, so can I get rid of my eth I have for gas and just get more BTC and link?

>>60563751
kek most of your fee is literally the Ethereum network fee

>>60563841
>The fees are high
Compared to what?
This is literally the only fully onchain, fully self-custodial onramp between credit card and crypto.

And even then it's only marginally higher in fees than existing paper solutions like Moonpay.

>>60564011
Is it only CC or can i buy straight from checking accounts with debit?

>>60564011
What happens when people cry fraud?
>i didnt buy this crypto and send it to that account! That wasnt me! Charge it back!

>>60564016
This is Mastercard specifically, so anything they offer directly can be used.

>>60564027
What happens today when people cry fraud about buying products online etc.?

This is a small sampling of what can happen when you use centralized paper solutions like Revolut instead.

>>60563399
>>Doll hairs
>How's the weather in India, ranjesh?

just fyi that's an expression white people in the us use


>>60563690
>So i can easily just open this app, use my mastercard to buy crypto, it happens on chain immediately and deposits it into an address i control on the app

i couldn't tell if being sarcastic, but were you aware this already existed?

you can buy via credit card on various hot wallets, metamask, etc, and the fees are lower

>>60563740
They are ignoring this thread. I hate them so much. Disgusting slimeballs that will be ripped and torn

>>60564690
SORRY, I WAS FINISHING UP DINNER.
I'M IN THIS THREAD NOW, BROTHER
IS THIS THE NEW MONEY PRINTER NOW THAT SVR WAS A TOTAL DUD?

>>60564110
My bank was giving me shit over trying to onramp to Kraken and trying to impose absurd limits, so I decided to give Revolut a go. Froze my funds pretty much the instant they arrived, before I'd been able to try to transact with them at all. I badgered them all day, took something like 8 hours in a chat before they unfroze the account. Tried to move the funds back to my own bank account where they'd come from in the first place, and they immediately froze the account again. Thankfully I managed to get that unblocked pretty speedily, but I'm never going near that company again.

>>60564695
Dinner? Whats the weather like in Mumbai???

>>60564900
WEATHER.COM SAYS ITS RAINY ALL THIS WEEK. NO WONDER THE PAID SHILLS ARE IN OVERDRIVE RIGHT NOW.

>>60563378 (OP)
>less than 5 dollars
>on a 100 dollar trade

>>60563378 (OP)
thats insanely good for small purchases through cc and directly onchain without intermediaries
no wonder they arent flooding this thread with their usual spam since it would only get more attention to the op

>>60563740
do we have clarity if cll is now actually converting all the non link payments into link or are they still hoarding all the tokens and putting premines into the network, thus subsidizing it completely
or do the institution already have a link stockpile and automate buy order to use the network

>>60565513
Yes the CCIP fee is automatically converted into link. Thats what the idiots can't conceptualize. Much like how fuddies cant conceptualize a 3D apple in their mind when they close their eyes.

They actually think someone is manually pulling a lever at CLL and it dispensing LINK to the node operator rather than what youre seeing right now.

>>60565513
Why would anyone want to buy small amounts via credit card in this manner? It makes no sense. The only thing that seems like a win is that swapper can be integrated by other apps so we could imagine users buying a payment token in this way for some purpose if they aren’t crypto native. There is no win here for anyone that’s already been in crypto, especially since it’s kyc by default.

>>60565551
>they can be integrated into other apps
You actually hit it spot on and its on their website, thats swapper.finance's whitepaper essentially.

>>60565551

>>60565551
Total fuddie death

>>60565568
>>60565577
That's pretty crazy.
The fact that this whole thing is built onchain makes the entire backend basically plug and play.

>>60565548
well to be fair thats how it was for a good while, i mean of course not manually pulling a lever but automated contracts that took the other tokens coming in hoarding them over at clls treasury and releasing link tokens from the premine to the network
this is quite a difference from the smartcontract market buying link from a liquidity pool as needed and the liquidity pool being replenished by the actual market

>>60565551
they really dont get it do they
it will unlock massive growth in adoption of the minor coins, right now its still way too hard for a normie to get into new alts
all of that difficulty is now completely abstracted away so every idiot can buy the fresh alt with his cc and all the backend and much more importantly security being handled via the cc itself
thats insane in terms of adoption potential

something like this happening was of course prophesied way back then, but i doubt they imaged it coming this fast and from a crypto native project no less that has a full inhouse suite of everything thats needed
if you went back to 2016 /biz/ or other crypto platforms and tried to explain cre to them it would absolutely blow their minds

saaars we're pumpinged!

>>60565789
>woah so how much money do we save doing it that way?

>>60565840
deliberately missing the point
but to answer your question it would say since 2020 the counter for hacks, oopsie and broken smart contract is a number in the billions of dollars
so yeah that much money is saved now
they really dont have any idea how many projects are now doa once people realize the easiest most straight forward way to onboard is also the way with the highest level of absolute security
the seething will be glorious to behold

>>60565849
>memecoin casino with 6% fees
no thanks?

>>60565789
Its more understandable due to the fact that there were no direct on chain railsystems for this type of thing to happen. So speculatively anyone can say that TNN until we get down to brass tax and real services get released. In this case funding the development for shit like this is what causes companies to work them. Unfortunately in real life sometimes you have to buy your way into relevancy before establishing anything. Fake it till you make it?

If that wasnt the case, why would JUMP pay securitize a strategic investment so they would use their products?

Sometimes you have to buy your way into the cabal, if CLL didnt essentially bootstrap the developers, why would they use LINK if you can be paid to use another service

>>60563378 (OP)
So LINK is needed!?
Fuddies in absolute shambles.. what is the new story?

Every.
Single.
Thing.
Is fudded.
This will continue until we win.
Buy Link.
Stack Link.
Fuck the VC dickheads and their penny-an-hour shitstirrers.

We won.

>>60565789
>right now its still way too hard for a normie to get into new alts
imagine actually believing this in 2011+14
how out of touch are you people

>>60566183
you overestimate normies greatly

>ITT poor Link baggies coping about their shitcoin
you niggers are worse than Qanon retards

>>60566206
normies have already entered this space 4 years ago, you're so out of touch it's actually hilarious

>>60566213
>Link baggies coping about their shitcoin
yeah us and Mastercard kek

>>60566183
>>60566250

exactly

anyone using the "normie" term in crypto in today's world is the fuckin normie themselves

it's like they are in denial that '21 happened, which is fitting bc link cultists are stuck in the past

>>60567491
>yeah us and Mastercard kek

mastercard doesn't care what the price of the link is

>>60567491
you're poor

>muh Mastercard
nigger this isn't 2017, partnerships mean nothing

>>60568483
>institutional adoption means nothing
HAHAHAHAHAHAHAHAHAH

>>60568472
no, it is because link cultists have quite literally never used anything crypto related ever since they got their bags on etherdelta/binance
they're not even using all these "products" chainlink keeps "launching" throughout the years
that's the only explanation I got

>>60568489
>>institutional adoption means nothing
>HAHAHAHAHAHAHAHAHAH

fees earned: $100, yeah it is pretty funny

>>60568650
>no, it is because link cultists have quite literally never used anything crypto related ever since they got their bags on etherdelta/binance


agreed, which is why they didn't even know that buying via credit card was already a thing

they also have no actual business experience, which explains a lot

>>60569228
>fees earned: $100
source?

>>60569234
https://x.com/BuggerSee/status/1939302460520357951

>>60569250
This thing was supposedly catching fees more than 50 days ago. But Swapper only went online last week, the day of the Mastercard announcement.

>>60563378 (OP)
Yes pay your fees like a good little goyim

Fuck Sergey

>>60565548
>Yes the CCIP fee is automatically converted into link.
not yet. It currently sits in a contract right now.

>>60563378 (OP)
What do you expect when fuddies are literal third-worlders?
$5 is the equivalent of a week's wages for the average Philippino.

>>60563378 (OP)
I'm getting like a 4.3% fee.
That's the same or even slightly lower than doing the same thing on Coinbase, Moonpay, etc.
And this is all on-chain, which Coinbase and Moonpay aren't.

>>60572091
Also look at this shit.
Imagine showing this to anyone back in 2017.

>>60572121
lol nobody uses mastercard, everybody's using visa now. mastercard is dead, just like saarlink

>>60572121
HOW NEW ARE YOU?
CHAINLINK USED TO PLASTER THE MASTERCARD, VISA, AND PAYPAL LOGOS ALL OVER THEIR OLD INFOGRAPHICS

>>60574243
Now its literally the other way around Swift Mastercard Chainlinkgod plastering Chainlinks logo on their new crypto scams LOOL

>>60574228
>everybody's using visa now
really

>>60574243
You're being extremely retarded on purpose aren't you